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Property profile & analytics
OFF-MARKET
Commercial real estate

1320 Madison Ave Toledo, OH 43604

0.11 ac lot Built 1912
Property ID
Property summary
AI-generated overview

This exceptional three-story building presents a rare investment opportunity in the vibrant heart of downtown Toledo, Ohio. Situated on a 0.11-acre lot at 1320 Madison Avenue, Unit 1320, this property boasts numerous recent upgrades, making it an attractive proposition for a variety of uses. The building's prime location offers excellent visibility and accessibility, placing it within easy reach of local amenities, businesses, and transportation networks. The asking price of $180,000 reflects a compelling value for a property of this caliber in this desirable area. The current configuration allows for a potential leaseback arrangement, providing a steady income stream for the new owner. This presents a unique chance to acquire a well-maintained, upgraded building with immediate income potential in a thriving urban setting. Serious inquiries are encouraged to explore this exciting opportunity further and to discuss the specifics of the leaseback option. The property's size is not specified in the provided information, but its three-story structure and central location suggest significant potential for various commercial ventures. This is a turnkey opportunity for an astute investor seeking a strong return on investment in a dynamic downtown Toledo location. Don't miss this chance to own a piece of Toledo's thriving commercial landscape.

Property profile
Verified
Property type Commercial real estate
Year built 1912
Lot 0.11 ac (4,792 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Gateway Youth Development Program Charitable Organization Social Service Agency
  • Gateway Development Center, LLC Family Recreation Center
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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